Jaguar Mining Enterprises Will Begin Extraction on the Cascaronal Mine
March 16 2010 - 5:00AM
Marketwired
Jaguar Mining Enterprises, Inc. (PINKSHEETS: JAGR) today announced
that they are completing the patio area which is very important for
the extraction of the company's iron ore proven reserves and also
to enable (JAGR) rates and overhead to be as efficient as possible
in order to show our loyal shareholders the highest return on
investment (R.O.I.) as possible. Dale Williams, President &
C.E.O., has stated, "We are right on track to have our first crews
extracting as we stated in our past release as I am pleased with
every member of my staff. We also have a second geological firm
coming out to the Mine to ensure the second vein that was
discovered just weeks ago can be extracted efficiently as well.
Once again it is our goal to keep our costs of extraction to a
minimum." Mr. Williams also stated that "(JAGR) to begin extracting
and proving to our shareholders revenues are in the immediate
future, and we are extremely comfortable as we will begin
extracting within weeks. As this has been a very thought out,
methodical and strategic plan all the pieces are finally in place
to enhance shareholder value, with only Authorized Shares of
75,000,000 and a Float of 20,785,014, we firmly believe our
shareholders will benefit greatly."
About Jaguar Mining Enterprises, Inc.:
Jaguar Mining Enterprises, Inc. is an independent mining company
engaged in the acquisition, development, and exploitation of iron
ore primarily mined in Mexico. The company specializes in the
exploitation of iron ore mines with proven reserves. The company's
strategy is to locate, acquire and develop mine locations that
contain sufficient quantities of iron ore and require minimal
start-up costs. For additional information regarding Jaguar Mining
Enterprises please visit: www.jaguarminingenterprises.com
Safe Harbor: Statements regarding financial matters in this
press release other than historical facts are "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, Section 21E of the Securities Exchange Act of 1934, and as
that term is defined in the Private Securities Litigation Reform
Act of 1995. The company intends that such statements about the
company's future expectations, including future revenues and
earnings, iron ore production and all other forward-looking
statements be subject to the Safe Harbors created thereby.
Since these statements (future operational results and sales)
involve risks and uncertainties and are subject to change at any
time, the company's actual results may differ materially from the
expected results.
For all registered representatives interested in joining
Microcap Management's free lead generation program, please visit
www.microcapmanagement.com and click the tab registered
representative to opt-in and to receive free investor leads.
Company Contact: Dale E. Williams Jaguar Mining Enterprises,
Inc. 1860 FM 359, #177 Richmond, TX 77406 Phone: (281) 712-1235
Fax: (281) 520-4378 Email: inquiry@jaguarminingenterprises.com
www.jaguarminingenterprises.com
Green Street Capital (CE) (USOTC:JAGR)
Historical Stock Chart
From Nov 2024 to Dec 2024
Green Street Capital (CE) (USOTC:JAGR)
Historical Stock Chart
From Dec 2023 to Dec 2024